Future Financings definition

Future Financings has the meaning set forth in Section 3.2(q).
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Future Financings. From the date hereof until such time as the Purchaser no longer holds any of the Securities, in the event the Company issues or sells any shares of Common Stock or securities directly or indirectly convertible into or exercisable for Common Stock (“Common Stock Equivalents”) or amends the transaction documents relating to any sale or issuance of Common Stock or Common Stock Equivalents, if a Purchaser reasonably believes that the terms and conditions thereunder are more favorable to such investors as the terms and conditions granted under the Transaction Documents, upon notice to the Company by such Purchaser the Company shall amend the terms of this transaction and the Transaction documents so as to give the Purchasers the benefit of such more favorable terms or conditions.
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Future Financings means the aggregate gross proceeds of any sales of equity securities of the Company (including the Notes or any other securities convertible into equity securities of the Company), and the aggregate gross proceeds of any corporate partnering or corporate licensing transactions, but shall exclude the sale of products in the ordinary course of business and revenues resulting from any agreement in effect as of the Closing Date. Without limiting the generality of the foregoing, such Future Financing includes: (a) all payments made for equity securities, equity security rights or similar rights, (b) technology acquisition or access fees or similar up-front payments, (c) other future payments to be made to the Company, any of its affiliates or its employees for the benefit of the Company, for which the payor is obligated either absolutely or upon the attainment of milestones, (d) funding provided by any investor (through reimbursement or otherwise) relative to research and development, clinical trials and related expenditures, provided that such work is performed or managed by the Company or any of its affiliates and (e) the repayment or assumption by any party of obligations of the Company or any of its affiliates, including indebtedness for money borrowed or amounts owed by the Company or any of its affiliates to inventors or owners of technology. It is further understood that Future Financings shall not be reduced by the amount of any expenses, fees, discounts or commissions incurred during the undertaking of such financing. If necessary, the Directors of the Company will elect each such person to the Board of Directors of the Company by creating a new position on the Board of Directors promptly following such person's nomination by Purchasers and shall nominate such person for election in connection with any stockholder vote for Directors, and the Company will use its best efforts to ensure that the stockholders of the Company agree to vote all their securities in favor of such person's election. The Company agrees to vote all voting securities for which the Company holds proxies, granting it voting discretion, or is otherwise entitled to vote, in favor of, and to use its best efforts in all respect to cause, the election of each such individual proposed by the Partnership and the Trust. In the event that a vacancy is created on the Board of Directors at any time by the death, disability, resignation or removal (with or without cause) of any such individual ...
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Examples of Future Financings in a sentence

  • Future Financings - The Company's continued operation will be dependent in part upon its ability procure additional financing.

  • Financings in which the Company receives proceeds of one million dollars or greater or excluded from the Terms of Future Financings.

  • The Company shall provide each Purchaser with (i) express prior written notice of a Future Financing, and (ii) all required documentation requested by the Purchaser related to any Future Financing all no later than ten (10) business days prior to the final date of the offering period (or other applicable investment period) for any such Future Financings.

  • Future Financings We will continue to rely on equity sales of our common shares in order to continue to fund our business operations.

  • Future Financings We will continue to rely on equity sales of our common shares and debt proceeds in order to continue to fund our business operations.

  • Section 3.12 Future Financings; Right of First Offer and Refusal....

  • The Company shall give 10 days' prior written notice (the "Offer Notice") to the Investor of any Future Financings which it proposes to make, which shall include information as to the type of Voting Securities to be offered, the estimated price thereof and other terms of such offering.

  • Subject to Section 2.2 and Section 2.3, each Other Major Preferred Holder hereby agrees to vote the Shares that such Other Major Preferred Holder owns or over which such Other Major Preferred Holder otherwise exercises voting power, to vote (in person, by proxy or by action by written consent, as applicable) to waive the Special Mandatory Conversion and any Pay-to-Play Provisions that may be implemented in the future, if any, in connection with Future Financings (the “Conditional Waiver”).

  • Financings in which the Borrower receives proceeds of one million dollars or greater or excluded from the Terms of Future Financings.

  • The left panel of Figure 1 plots the lifetime Frisch labor supply elasticities in the LBD model and the exogenous model.41 The lifetime labor supply elasticity is flat in the exogenous model and upward sloping in the LBD model.


More Definitions of Future Financings

Future Financings means THE AGGREGATE GROSS PROCEEDS OF ANY SALES OF EQUITY SECURITIES OF THE COMPANY (INCLUDING THE NOTES OR ANY OTHER SECURITIES CONVERTIBLE INTO EQUITY SECURITIES OF THE COMPANY), AND THE AGGREGATE GROSS PROCEEDS OF ANY CORPORATE PARTNERING OR CORPORATE LICENSING TRANSACTIONS, BUT SHALL EXCLUDE THE SALE OF PRODUCTS IN THE ORDINARY COURSE OF BUSINESS AND REVENUES RESULTING FROM ANY AGREEMENT IN EFFECT AS OF THE BRIDGE CLOSING DATE. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, SUCH FUTURE FINANCING INCLUDES: (A) ALL PAYMENTS MADE FOR EQUITY SECURITIES, EQUITY SECURITY RIGHTS OR SIMILAR RIGHTS, (B) TECHNOLOGY ACQUISITION OR ACCESS FEES OR SIMILAR UP-FRONT PAYMENTS, (C) OTHER FUTURE PAYMENTS TO BE MADE TO THE CORPORATION, ANY OF ITS AFFILIATES OR ITS EMPLOYEES FOR THE BENEFIT OF THE CORPORATION, FOR WHICH THE PAYOR IS OBLIGATED EITHER ABSOLUTELY OR UPON THE ATTAINMENT OF MILESTONES, (D) FUNDING PROVIDED BY ANY INVESTOR (THROUGH REIMBURSEMENT OR OTHERWISE) RELATIVE TO RESEARCH AND DEVELOPMENT, CLINICAL TRIALS AND RELATED EXPENDITURES, PROVIDED THAT SUCH WORK IS PERFORMED OR MANAGED BY THE CORPORATION OR ANY OF ITS AFFILIATES AND (E) THE REPAYMENT OR ASSUMPTION BY ANY PARTY OF OBLIGATIONS OF THE CORPORATION ANY OF ITS AFFILIATES, INCLUDING INDEBTEDNESS FOR MONEY BORROWED OR AMOUNTS OWED BY THE CORPORATION OR ANY OF ITS AFFILIATES TO INVENTORS OR OWNERS OF TECHNOLOGY. IT IS FURTHER UNDERSTOOD THAT FUTURE FINANCINGS SHALL NOT BE REDUCED BY THE AMOUNT OF ANY EXPENSES, FEES, DISCOUNTS OR COMMISSIONS INCURRED DURING THE UNDERTAKING OF SUCH FINANCING.
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Related to Future Financings

  • Financings has the meaning ascribed to it in the preamble.

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

  • PIPE Financing has the meaning set forth in the recitals to this Agreement.

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.

  • New Financing has the meaning specified in Section 2.04(a).

  • Securities Financing Transactions means collectively securities lending transactions, sale and repurchase transactions and reverse repurchase transactions.

  • Financing Transactions means the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, the borrowing of Loans, the use of the proceeds thereof and the issuance of Letters of Credit hereunder.

  • Investment Agreements has the meaning set forth in the Recitals.

  • Interim Financing means any new financial assistance, provided by an existing or a new creditor, that includes, as a minimum, financial assistance during the stay of individual enforcement actions, and that is reasonable and immediately necessary for the debtor's business to continue operating, or to preserve or enhance the value of that business;

  • Refinancings shall have a meaning correlative thereto.

  • Special Purpose Financing means any financing or refinancing of assets consisting of or including Receivables of the Company or any Restricted Subsidiary that have been transferred to a Special Purpose Entity or made subject to a Lien in a Financing Disposition.

  • Financial Closure or Project Financing Arrangements means the agreements pursuant to which the SPG has sought financing for the Power Project including the loan agreements, security documents, notes, indentures, security agreements, letters of credit and other documents, as may be amended, modified, or replaced from time to time, but without in anyway increasing the liabilities of JDVVNL.

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • securities financing transaction or 'SFT' means a repurchase transaction, a securities or commodities lending or borrowing transaction, or a margin lending transaction;

  • Debt Financing has the meaning set forth in Section 5.7.

  • Co-financing Agreement means the agreement to be entered into between the Recipient and the Co-financier providing for the Co-financing.

  • UCC Financing Statements means collectively the Lender Financing Statements and the Lessor Financing Statements.

  • Acquisition Agreements has the meaning specified in the Recitals.

  • Financing Arrangements means the arrangements between the Borrower and the State as per current policy of the Borrower, and acceptable to ADB;

  • Additional Financing has the meaning set forth in Section 16.3(a).

  • Refinancing Transactions means the transactions described under “Summary—The Refinancing Transactions” in the Offering Memorandum.

  • Exit Financing means the financing under the Exit Facility.

  • Financing has the meaning set forth in Section 5.7.

  • Bridge means a structure including supports erected over a depression or an obstruction, such as water, a highway, or a railway, for the purposes of carrying traffic or other moving loads, and having an opening measuring along the center of the roadway of more than 20 feet between undercopings of abutments or spring lines of arches, or extreme ends of openings for multiple boxes where the clear distance between openings is less than 1/2 of the smaller contiguous opening.

  • Alternative Financing has the meaning set forth in Section 5.14(b).

  • Original Financing Agreement means the development credit agreement for a Social Investment Program Project between the Recipient and the Association, dated April 7, 2003, as amended to the date of this Agreement (Credit No. 3740-BD).